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Resolution Number 77-7-20-4RESOLUTION NO. 77-7-20-4 1977-78 CITY TAX RATE A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, i3STABLISHING AND IMPOSING THE AD VALOREM TAX RATE FOR FISCAL YEAR 1977-78 AT EIGHTY-NINE CENTS ($0.89) PER ONE HUNDRED DOLLARS OF ASSESSED VALUE WHEREAS, the amount of revenue required to be raised by property taxation to carry out the municipal functions of the City of San Juan Capistrano for fiscal year 1977-78 is the sum of Seven I,.undred a -rid Forty Thousand Dollars ($740,000.00); and, WHEREAS, the tax rate necessary to raise the aforesaid sum of money necessary for municipal functions is Eighty -Two Cents ($0.82) for each One Hundred Dollars ($100.00) of assessed valua- tion as equalized and entered on the records of the Orange County Assessor; and, WHEREAS, the City has heretofore issued General Obligation Bonds in the sum of One Million Two Hundred Thousand Dollars ($1,200,000.00); and, WHEREAS, the revenue required to be raised by property taxation to pay the principal and interest and administrative charges payable on such General Obligation Bonds due in fiscal year 1977-78 is the sum of Sixty -Two Thousand Dollars ($62,000.00); and, WHEREAS, the tax rate necessary to raise the aforesaid sum of money necessary for bond redemption and interest and administrative charges due in the fiscal year 1977-78 is Seven Cents ($0.07) for each One Hundred Dollars ($100.00) of assessed valuation as equalized and entered on the records of the Orange Count., Assessor. NOW, THEREFORE, BE IT RESOLVED that the tax rate for the City of San Juan Capistrano for fiscal year 1977-78 be and is hereby established as follows: 1. General Fund: Eighty -Two Cents ($0.82) ouch One Hundred Dollars ($100.00) of assessed valuation as equalized and entered on the records of the Orange County Assessor . . . . . . . . . . . . . . . . . . $0.82 2. General Obligation Bond Redemption: Seven Cents 0.07 for each One Hundred Dollars ($100.00) of assessed valuation as equalized and entered on the records of the Orange County Assessor . . . . . . . . . . . $0.07 Resulting in a total City Eighty -Nine Cents ($0.89) 1977-78. . . . . . . . . tax rate of for fiscal year . . . . . . . . . $0.89 BE IT FURTHER RESOLVED that the City Clerk shall be and hereby is authorized and directed to publish this Resolution in a newspaper of general circulation within the City of San Juan Capistrano within fifteen (15) days after adoption hereof. BE IT FURTHER RESOLVED that the City Clerk shall be and hereby is authorized and directed to forward a copy of this Resolution to the County Auditor -Controller of the County of Orange. PASSED, APPROVED AND ADOPTED this 20th day of July , 19771 by the following vote, to wit: -1- 287 AYES: Councilmen Sweeney, McDowell, Friess, Nash, and Mayor Heckscher NOES: None ABSENT: None ATTEST: 1 Y O O. HECKSCHER, M YOU STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 77-7-20-4, adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 20th day of July, 1977. (SEAL) -2- STATE OF CALIFORNIA COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) AND PUBLICATION MARY ANN HANOVER, being first duly sworn, deposes and says: That she is the duly appointed and qualified City Clerk of the City of San Juan Capistrano; That in compliance with State laws of the State of California, RESOLUTION NO. 77-7-20-4, being: 1977-78 CITY TAX RATE A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ESTABLISHING AND IMPOSING THE AD VALOREM TAX RATE FOR FISCAL YEAR 1977-78 AT EIGHTY-NINE CENTS ($0.89) PER ONE HUNDRED DOLLARS OF ASSESSED VALUE was published in the Daily Sun -Post newspaper on August 2 , 1977, and in further compliance with City Resolution No. 76-12-15-10 on August 2, 1977 she caused said Ordinance to be posted in three (3) public places in the City of San Juan Capistrano, to wit: The Administration Building; The Post Office; The Orange County Public Library. CHECK LIST 7 7-7 ao 4 ORD. NO..._._._ RES. NO.._......... ------ Mayor has signed ...... Clerk has signed . City Seal stamped jl. All blanks typed in :.Absent.. .. 11 -._... -----_----_-------- Noes ..........{1a7�................................... ............. Typed in Official Record Book .............. Posted to Classif'ed Crds ..-.y/- Copies sent _ 7:ahN---- - ....:S2lW--/... t+ac .................... .............. Legal Publication ordered to be published (date) .....---------------...----------------------------- No. Affidavits -------------------------------------- ............ No. Prin,t(ed copies required .......................... Remarks....�9..Y-................-.......------------------------------- MARY ANN NOVER, City Clerk City of Orn Juan Capistrano, California -3-